Oireachtas Joint and Select Committees

Wednesday, 1 December 2021

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Withdrawal from Irish Banking Market: Engagement with KBC

Mr. Ale? Bla?ek:

They will improve in time because the Irish economy and Irish customers are extremely prudent. These capital requirements will go down. This is a function of pan-European regulation. It is a generic framework for how capital requirements are set up. The same methodologies apply to all of the markets in Europe.